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Showing 951 - 960 of 2856 results for "Initiative"

BAS agents to give financial advice

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
A new legislative instrument aimed at helping Australians to navigate the COVID-19 stimulus measures will allow BAS agents to offer financial advice to businesses. BAS agents can now legally advise businesses about their entitlements to the new JobKeeper ...

COVID-19 is not the only factor: deVere

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
To protect and grow wealth investors need to carefully monitor other major factors, not just COVID-19, according to deVere Group chief executive Nigel Green. The warning follows last week's sharp rally in global markets, with the MSCI experiencing its ...

Hostplus responds to PDS controversy

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... February 2020 version of the PDS. Hostplus denies the update to the PDS resulted from the government's early release initiative. The spokesperson for Hostplus said all super fund trustees have discretion to suspend or delay unit pricing in extraordinary ...

Taxman simplifies work from home deductions

KANIKA SOOD  |  WEDNESDAY, 8 APR 2020
... approaches should they wish to do so." SMSF Alliance principal David Busoli said the ATO is to be commended on the initiative. Busoli said ordinarily the methodology is applied in either of two ways: actual cost method (claiming actual work-related running ...

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
The big four banks have all suffered a rating downgrade due to the COVID-19 fallout, while APRA warns they should cut dividends and bonuses. Fitch Ratings downgraded all four of the major banks, and their New Zealand subsidiaries, due to its expectation ...

Open banking to charge on

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
... key driver of reform, and greatly improved competition in financial services will be the Consumer Data Rights (CDR) initiative. "We may not know when the gains from CDR will kick in, but we can be certain they will be profound," Sims said. "I Have no ...

Super fund temporarily cuts fees

HARRISON WORLEY  |  TUESDAY, 7 APR 2020
... COVID-19 pandemic. In an effort to protect the super savings of its members, FairVine Super has launched the FairGo initiative, which sees the fund slash fees for the rest of the year for members who have lost their job at the hands of the pandemic. ...

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
Panicked, stressed people are making rash decisions and falling victim to scams as they navigate the economic fallout of COVID-19 - but compliance has left some financial advisers and service providers feeling hamstrung in helping. Meg Heffron, managing ...

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite. New analysis from KPMG shows superannuation trustees are facing three competing sets of problems as they deal with ...

New firm joins Count Financial network

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 APR 2020
Count Financial has become the licensee of an accounting-led financial advice firm in Queensland. Affinitas Financial Planning has joined Count Financial as its newest corporate authorised representative. Affinitas Financial Planning managing director ...